India Gully is India's premier multi-vertical advisory firm, bringing institutional rigour to Real Estate, Retail, Hospitality, Entertainment, Debt & HORECA Solutions.
Active Mandate · Chandigarh · ₹70 Cr · Seller Mandated
Hotel Rajshree & Spa. Chandigarh.
41-key boutique hotel & spa in Chandigarh's prime Industrial Area Phase I. Premium spa, restaurant, bar & conference facilities. Strong RevPAR. Active asset sale mandate.
WelcomHeritage Santa Roza. Kasauli, Himachal Pradesh.
Luxury heritage resort under ITC WelcomHeritage brand. 44 keys across 2 acres at pine forest elevation. Victorian architecture. Nirvana restaurant, Aviary bar, spa & plunge pool.
Mountain Resort · Chail, HP · ₹30 Cr · Owner Direct
Maple Resort Chail. 2,515 Metres. Himalayas.
Premium boutique mountain resort with 30 keys perched at 2,515 metres in the Himalayas. Pine and maple forests, panoramic views. Established guest base. Immediate cash flows.
India Gully's HORECA division delivers FF&E, OS&E, kitchen equipment, linen, uniforms and guest amenities across 15+ hotel properties, on spec and on schedule.
India Gully operates across Tier 1, 2 and 3 markets — from Delhi NCR and Mumbai to Kasauli, Chail, Chandigarh and Jaipur. Our active mandates span 8+ cities with ₹1,165 Cr+ in combined advisory value.
Pins show active India Gully advisory mandates · Updated Q1 2026
Why India Gully
The Advisory Partner Built for India
20+ years of boots-on-the-ground execution across every vertical — not just strategy, but delivery. We are investors' most trusted partner in India's complex advisory landscape.
₹2,000+ Cr Transacted
Landmark transactions including joint advisory with EY for the ₹1,350 Cr+ divestment of Entertainment City Limited — India's largest entertainment sector transaction.
15+ Hotels On-Boarded
Hotel brand selection, pre-opening management and PMC across Marriott, Radisson, Cygnett, Regenta and more — from site selection to first check-in.
1,40,000+ Sq Ft Leased
Premium F&B and retail leasing at Gardens Galleria, Hyatt Andaz, AIPL Joy Street and Entertainment City — India's top retail destinations.
HORECA to 15+ Properties
End-to-end supply of FF&E, OS&E, kitchen equipment and amenities for Mahindra Holidays, Accor, CGH Earth and more across India.
Co-Advisory with EY & CBRE
Trusted by India's top professional service firms as co-advisor on complex, multi-party institutional transactions requiring deep sector expertise.
Pan-India Presence
Active mandates in Delhi NCR, Chandigarh, Kasauli, Chail, Jaipur, Noida, Gurugram, Bengaluru, Mumbai and Kerala — Tier 1 to 3 markets.
Active Mandates
Investment Opportunities of Institutional Grade
Exclusive mandates across Hospitality, Real Estate, Heritage & Mixed-Use. All strictly subject to NDA.
All mandates strictly by Mutual NDA · Information Memoranda available to qualified investors, family offices & institutional buyers upon request
Advisory Verticals
Six Verticals. One Trusted Partner.
From strategy to execution, India Gully delivers institutional-grade advisory across every sector it operates in. Deep expertise. Proven results.
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Real Estate
Transaction advisory, site selection & asset management across commercial and hospitality real estate.
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Retail & Leasing
Leasing strategy, brand mix, fit-out coordination and anchor structuring for malls and mixed-use destinations.
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Hospitality
Hotel management, brand on-boarding, pre-opening, PMC and feasibility for hotels across India.
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Entertainment
Theme parks, FECs, indoor & outdoor entertainment destinations — concept to commissioning.
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Debt & Special Situations
Structured debt advisory, distressed asset resolution and special situation mandates.
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HORECA Solutions
End-to-end FF&E, OS&E, kitchen equipment, linen and tableware procurement for hotels and F&B.
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Our Proposition
The India Gully Difference
What separates us from other advisory firms is not just depth of expertise — it is the way we stay committed from mandate inception to final delivery.
01
India-Deep Expertise
Born in India. We understand local markets, regulations, culture and consumer behaviour at granular depth across Tier 1, 2 and 3 cities.
02
20+ Brand Relationships
Deep relationships with every major hotel brand. We know which brand fits which project and navigate negotiations with authority.
03
HORECA End-to-End
One of the few consultants who also procure and supply, giving clients a single accountable partner from strategy to FF&E delivery.
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Execution-Led
We stay involved through implementation, not just advisory. Turnkey delivery and hands-on project management is our differentiator.
Hospitality Partners
Hotel Brands We Work With
Active relationships with India's most prominent hotel brands — from global chains to homegrown operators. Including our exclusive partner Nile Hospitality.
High-street and grade-A malls are diverging sharply from secondary retail. We map the forces reshaping where brands expand, how rents are structured, and which micro-markets will lead the next leasing cycle.
IBC resolution timelines are shortening, and a new class of hotel assets is emerging from NCLT. We identify the 12 most actionable distressed hospitality opportunities and the deal structures that work.
Hybrid work patterns and experience-led tenants are rewriting Grade-A office specifications. Five structural drivers and an investment framework for developers navigating the convergence.
India Gully collaborates with globally recognised advisory and consulting firms, bringing institutional credibility, financial rigour and sector depth to complex mandates.
Joint advisory with Ernst & Young on the ₹1,350+ Cr Entertainment City Limited divestment — India's largest entertainment real estate transaction.
Served as Joint Transaction Advisors alongside EY for the 100% divestment of Entertainment City Limited. Managed end-to-end advisory for this landmark transaction — India's largest entertainment real estate deal.
🎡Operational Revival
Pan-India
Worlds of Wonder — Post-COVID Re-opening
10-Acre Waterpark · Noida, UP
Orchestrated the strategic re-opening of India's premier waterpark following COVID-19 closure. Managed lease negotiations and operational revival for this 10-acre world-class attraction.
🍽️Hospitality Leasing
42,000 Sq Ft
Khubani at Hyatt Andaz Delhi
42,000 Sq. Ft. Dining · New Delhi
Negotiated and executed leasing for a signature 27,000 + 15,000 Sq. Ft. premium restaurant space within the iconic Hyatt Andaz property in New Delhi.
🏛️Asset Acquisition
₹65 Cr+
800 Sq. Yard Asset — Anand Lok, New Delhi
₹65 Cr+ Exit · South Delhi
Executed a strategic acquisition of a prime South Delhi property. Delivered an exceptional ₹65+ Crores exit within a 6-month turnaround — demonstrating superior deal structuring and market timing.
🍽️HORECA Procurement
Pan-India
HORECA Supply — Mahindra Holidays & Resorts
Pan-India · Multiple Locations
Established strategic HORECA supply partnership with Mahindra Holidays & Resorts, one of India's largest leisure hospitality companies, across their pan-India resort network.
⚖️Client-Side SPOC
₹500 Cr
Due Diligence — Adlabs Imagica for ECL
₹500 Cr Transaction · Maharashtra
Served as dedicated Client-Side SPOC for comprehensive due diligence in ECL's evaluation of Adlabs Imagica. Coordinated financial, legal and technical assessments for this landmark acquisition review.
Leadership
Steered by Industry Veterans
Our leadership brings decades of combined experience across hospitality, real estate, retail and entertainment, having led marquee mandates for India's most prominent developers, hotel brands and institutional investors.
Three Directors. One Vision. Building India's Premier Advisory Practice.
Arun K. Manikonda
Managing Director
Director on Board & KMP
Founding MD with 20+ years across hospitality, real estate and entertainment. Former MD of Entertainment City Limited, Noida. Led ₹1,350 Cr+ joint advisory with EY — India's largest entertainment transaction.
Hospitality operations leader with 18+ years across hotel management, HORECA supply and brand on-boarding. Drives business development and operational delivery across India Gully's advisory verticals.
Real Estate Vertical Head with 15+ years of pan-India experience. Specialist in retail leasing (1,40,000+ sq ft placed), commercial transactions and hospitality asset advisory across Delhi NCR and beyond.
Whether you are a developer, investor, brand or operator — we bring the advisory depth, network and execution capability to deliver exceptional results.